Tonlin Department StoreLtd Balance Sheet Health
Financial Health criteria checks 3/6
Tonlin Department StoreLtd has a total shareholder equity of NT$2.6B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are NT$5.6B and NT$3.0B respectively. Tonlin Department StoreLtd's EBIT is NT$208.9M making its interest coverage ratio 5.5. It has cash and short-term investments of NT$788.9M.
Key information
96.3%
Debt to equity ratio
NT$2.49b
Debt
| Interest coverage ratio | 5.5x |
| Cash | NT$788.88m |
| Equity | NT$2.59b |
| Total liabilities | NT$3.00b |
| Total assets | NT$5.59b |
Recent financial health updates
These 4 Measures Indicate That Tonlin Department StoreLtd (TPE:2910) Is Using Debt Extensively
Feb 14
Recent updates
Concerns Surrounding Tonlin Department StoreLtd's (TWSE:2910) Performance
Mar 24
Should Tonlin Department Store Co.,Ltd. (TPE:2910) Focus On Improving This Fundamental Metric?
Mar 12Here's Why I Think Tonlin Department StoreLtd (TPE:2910) Is An Interesting Stock
Feb 27These 4 Measures Indicate That Tonlin Department StoreLtd (TPE:2910) Is Using Debt Extensively
Feb 14Will Tonlin Department StoreLtd (TPE:2910) Multiply In Value Going Forward?
Feb 01Should You Buy Tonlin Department Store Co.,Ltd. (TPE:2910) For Its Dividend?
Jan 19Did Business Growth Power Tonlin Department StoreLtd's (TPE:2910) Share Price Gain of 140%?
Jan 04Is Tonlin Department Store Co.,Ltd.'s (TPE:2910) Shareholder Ownership Skewed Towards Insiders?
Dec 20Should You Be Worried About Tonlin Department Store Co.,Ltd.'s (TPE:2910) 4.3% Return On Equity?
Dec 06Here's Why We Think Tonlin Department StoreLtd (TPE:2910) Is Well Worth Watching
Nov 23Financial Position Analysis
Short Term Liabilities: 2910's short term assets (NT$1.1B) exceed its short term liabilities (NT$932.8M).
Long Term Liabilities: 2910's short term assets (NT$1.1B) do not cover its long term liabilities (NT$2.1B).
Debt to Equity History and Analysis
Debt Level: 2910's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: 2910's debt to equity ratio has reduced from 159% to 96.3% over the past 5 years.
Debt Coverage: 2910's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 2910's interest payments on its debt are well covered by EBIT (5.5x coverage).